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Bank of America Increases Stake in Johnson Matthey

Bank of America Increases Stake in Johnson Matthey

Johnson Matthey (Uk) (GB:JMAT) has released an update.

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Johnson Matthey PLC has notified stakeholders of a significant change in share ownership, with Bank of America Corporation’s total voting rights reaching 19.195929% after acquiring shares and financial instruments. The threshold was crossed on April 19, 2024, and includes a combination of direct and indirect voting rights, along with various financial instruments such as swaps and options. This development could indicate a strategic move by the Bank of America, potentially impacting Johnson Matthey’s stock performance and investor interest.

For further insights into GB:JMAT stock, check out TipRanks’ Stock Analysis page.

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